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Question 15 (1 point) On January 1, 2019, Rollin Ltd. acquires real property at a cost of $6430000. Of this amount, $560000 represents the fair
Question 15 (1 point) On January 1, 2019, Rollin Ltd. acquires real property at a cost of $6430000. Of this amount, $560000 represents the fair market value of the land. The building is new and will be used 100% for non-residential activity, none of which involves manufacturing, so it will go in a separate class 1 at a 6% CCA rate. This purchase is eligible for the accelerated investment incentive. In order to encourage Rollin's move to this location, the local government has given them $780000 to assist in the acquisition of the building. What is the maximum amount of CCA that Rollin can deduct on this building for its fiscal year ending December 31, 2019? Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your response. Your
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